With the IPO of Universal Music Group (UMG) on Tuesday, September 21, the Vivendi group is separating from its most profitable subsidiary and from the first major in the music industry, ahead of Sony and Warner.

(ats) Universal reigns supreme in the global recorded music market with more than 30% of the shares and control of prestigious labels such as EMI, Capitol, Def Jam, Polydor, Blue Note, Decca and Deutsche Gramophon.

In December 2020, the major offered Bob Dylan’s entire catalog of songs, more than 600 titles, in addition to stars who regularly reach the best places in the global sales and streaming charts.

In addition to sure values ​​like the Beatles, the Rolling Stones or Andrea Bocelli, she has also signed several successful artists, like Drake, who monopolizes the top of the Spotify charts, and the three most listened to female artists on streaming platforms in 2020, Billie Eilish, Taylor Swift and Ariana Grande.

In the first half of 2021, eight of the ten best-selling albums in the world were produced by the major, including those of Justin Bieber and Olivia Rodrigo.

It is the Briton Lucian Grainge, at Universal for thirty years, who directs the United States “major” with a lot of independence. CEO of UMG since 2011, he notably supervised the takeover of EMI.

Within Universal Music France, Olivier Nusse succeeded the emblematic Pascal Nègre in 2016, following disagreements between the latter and Vincent Bolloré.

Despite the drop in physical sales linked to the Covid crisis and its share of health restrictions, UMG – entered the fold of Vivendi in 2000 with at the time the film studios, sold in 2004 to NBC – benefited from the craze for subscription and streaming: its revenues from online music listening increased 24.7% in the first half of 2021.

Universal Music is the driving force behind Vivendi: the major alone represents 92.6% of the group’s net profit, or 452 million out of 488 million in the first half.

Universal alone also provides 46% of the group’s 3.8 billion euros in turnover in the first half of 2021.

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